Compliance, Asset Management (“AM”) Compliance, Associate, Dallas

Goldman Sachs•Dallas, TX

5d•Onsite

About The Position

Global Compliance's division prevents, detects, and mitigates compliance, regulatory, and reputational risk across the firm, strengthening the firm’s culture of compliance through an enterprise-wide compliance risk management program. As an independent control function and part of the firm’s second line of defense, Compliance assesses risk, monitors compliance with laws and regulations, designs and implements controls, policies, procedures, and training, conducts independent testing, investigates risks and breaches, and leads the firm’s responses to regulatory examinations, audits, and inquiries. This position is within the divisional compliance team covering the Asset Management (“AM”) business within Goldman Sachs’ Asset & Wealth Management (“AWM”). AM delivers innovative investment solutions through a global, multi-product platform, serving diverse clients with complex challenges. AM serves individuals, financial advisors, and institutions, relying on AM to help them understand markets, deliver investment solutions, and plan for their future.

Requirements

Bachelor’s degree required
3+ years of Compliance, Legal, Regulatory or Financial Services industry experience.
Excellent written and oral communication skills, sound judgment, strong organizational skills and attention to detail.
Strong project-management and relationship-building skills, with the ability to collaborate effectively across business, regional and control-function teams.
Ability to analyze complex regulatory requirements, communicate them clearly and develop practical, risk-based solutions.
Ability to manage multiple priorities and work effectively in a fast-paced environment.

Nice To Haves

JD or MBA a plus.
Experience advising on advertising or marketing compliance matters within asset management or another regulated financial services business preferred.
Working knowledge of the regulatory framework applicable to investment advisers, registered investment companies, broker-dealers and the marketing of investment products preferred.

Responsibilities

Provide compliance oversight and practical guidance to AM Marketing personnel regarding the development, review, approval and use of marketing materials and communications.
Review and advise on marketing materials and other content used to describe or promote AM products, services and investment capabilities.
Analyze and stay current on laws, rules, regulations and regulatory expectations applicable to investment adviser advertising, fund marketing and related communications in the United States and abroad.
Advise on new marketing channels, campaigns, content formats and other business initiatives, including the development of practical compliance controls and escalation processes.
Develop, draft and maintain compliance policies and procedures outlining firm requirements, jurisdictional requirements, applicable regulations and best practices for marketing activities.
Create and deliver compliance training for relevant stakeholders.
Perform compliance monitoring and testing, including reviews of surveillances and targeted or forensic reviews, to assess marketing compliance risks and identify potential breaches or control enhancements.
Coordinate with business and control-function stakeholders to address regulatory developments, compliance issues and remediation activities relating to marketing.
Assist with regulatory examinations, audits and inquiries, including gathering information, preparing responses and tracking follow-up items.